Hybrids are 'ridiculous' for retail investors
![Greg Medcraft: "You've seen already overseas that there were real issues in exercising against them when banks got into ...](http://web.archive.org./web/20170717185543/http://www.afr.com/content/dam/images/g/x/a/u/w/z/image.related.afrIndexLead.320x210.gx9rgy.png/1500294060296.jpg)
Billions of dollars of hybrid securities issued to retail investors by major banks will cause problems for the financial system: Greg Medcraft.
Billions of dollars of hybrid securities issued to retail investors by major banks will cause problems for the financial system: Greg Medcraft.
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